Baltic index has been up and is the highest point now at 1.385.. if bdi continue going up.. maybulk will finally return to profit.. people start accumulating d..
Research house very soon will starts coverage on Maybulk as what they have done to Hibiscus....hopefully this stock can make we earn 100% starts from now....oil stocks start to wake up...KNM, scomi, Sumatec etc. Good sign of recovery for Maybulk. I still remember this stock had "limit up" record. Never look down this black horse.When it starts running, it will be difficult to catch the horse.
The IMO recently announced that they would delay the deadline for the implementation of ballast water management system (“BWTS deadline”) on existing ships until the first statutory docking survey after 2019 against the original deadline of September 2017. With the delay in the BWTS deadline, owners may decide to defer the scrapping of older vessels and continue trading which is not positive for the freight market.
maybulk reaches new high of 1500 above with supramax ship taking the lead. in addition with the increase in oil price, hopefully posh will incur lower losses or even break even. if break even, we will see may ulk achieving net profit!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
chngmenghui
166 posts
Posted by chngmenghui > 2017-09-18 21:24 | Report Abuse
BDI1398!